Global Protein Expression Market Size (2024 - 2029)

Protein Expression Market Analysis

The Global Protein Expression Market size is estimated at USD 2.88 billion in 2024, and is expected to reach USD 4.29 billion by 2029, growing at a CAGR of 8.23% during the forecast period (2024-2029).

The market has a slightly positive impact due to the pandemic. The development of therapeutic and preventive strategies requires an accurate understanding of the role that proteins play in the SARS-CoV-2 infection process and progression of COVID-19. The vast field of proteomics is well equipped with the technologies needed to help in facing this challenge. In an article published in October 2020 in the Journal of Proteins and Proteomics, researchers have highlighted that the developments in proteome technologies will not only accelerate progress in addressing the coronavirus pandemics but could also prove invaluable in tackling the current COVID-19 crisis.

The propelling factors for the growth of the protein expression market include the rise in the R&D activity in the pharmaceutical sector, opportunities in the field of proteomics, and advancements in the biologics market set to boost the market growth and the increasing incidences of chronic diseases. As per the World Health Organization, the major chronic diseases such as cardiovascular diseases (CVD), cancer, chronic obstructive pulmonary disease, and Type 2 diabetes are estimated to account for 73% of all deaths and 60% of the global burden of diseases in 2020.

Biologics have played a crucial role in the treatment process of many health issues. The success of Humira, a drug for the treatment of rheumatoid arthritis, has been an encouraging factor for many drug makers to continue working in the pathway of biologics. The growing demand for biologicals increases the prospects of its manufacturing using the protein expression systems, thus, boosting the market growth.

In addition, biotechnology-based organizations have also created a big opportunity for the protein expression market growth by developing novel therapeutics with minimal side effects. The increasing research intensity in the pharmaceutical sector is adding up to the opportunities for growth by technological advancement and product launch. For instance, in October 2020, Merck launched the Virus Express Lentiviral Production Platform, which can reduce process development time by approximately 40%.

Therefore, at present, the protein expression market is a highly attractive and profitable market due to the increasing adoption of biotechnology as well as genetic engineering in the pharmaceutical industry and medical science. However, the high cost of protein expression systems and lack of effective systems for post-translational modifications are expected to restrain the market growth over the forecast period.

Protein Expression Industry Segmentation

As per the scope of the report, protein expression is the way in which proteins are modified, synthesized, and regulated in living organisms. The term is applicable to either the object of study or the laboratory techniques required to manufacture proteins. Proteins are regulated and synthesized depending upon the functional need in the host cell. The translation, transcription, and post-translational modifications are the three processes involved in protein expression. The protein expression market is segmented by product (reagent and kits, service, and other products), application (therapeutic, industrial, and research), end user (academia, biotechnology and pharmaceuticals companies, and contract research organizations (CROs)), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers the value (in USD million) for the above segments.